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FTAI Infrastructure Inc.

CIK: 1899883 SIC: 4011
$502.52M
Revenue
$-152.05M
Net Income
-
Gross Margin
-
Op. Margin
$-789.38M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 14 of 11 quarterly reports available
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
+ Total Revenue $143.52M $140.56M $122.29M $96.16M $80.76M $83.31M $84.89M $82.53M $81.44M $80.71M $81.83M $76.49M $71.39M $78.56M
Revenue Growth % (YoY) 77.7% 68.7% 44.1% 16.5% -0.8% 3.2% 3.7% 7.9% 14.1% 2.7% nan% nan% nan% nan%
Operating Expenses $-52.72M $120.00M $129.08M $104.60M $-24.71M $90.58M $87.92M $93.88M $-24.25M $94.94M $91.09M $91.89M $85.04M $87.69M
Other Income/Expense $8.45M $5.55M $3.05M $3.69M $5.04M $6.54M $6.96M $2.37M $2.61M $2.39M $1.37M $221.00K $-1.02M $-1.13M
Income Before Tax $-65.56M $-99.46M $-69.01M $78.65M $-123.34M $-43.05M $-47.87M $-48.49M $-40.01M $-50.04M $-33.05M $-34.18M $-56.69M $-41.64M
Income Tax Expense $32.16M $5.08M $952.00K $-41.51M $1.33M $-92.00K $267.00K $1.80M $-90.00K $8.00K $823.00K $1.73M $-618.00K $1.55M
+ Net Income $-97.72M $-104.54M $-69.96M $120.16M $-124.67M $-42.96M $-48.14M $-50.30M $-39.92M $-50.05M $-33.87M $-35.91M $-56.08M $-43.19M
Net Margin % -68.1% -74.4% -57.2% 125.0% -154.4% -51.6% -56.7% -60.9% -49.0% -62.0% -41.4% -46.9% -78.5% -55.0%
Basic EPS nan -1.38 -0.73 0.95 nan -0.45 -0.52 -0.54 nan -0.55 -0.38 -0.39 nan -0.43
Diluted EPS nan -1.38 -0.73 0.89 nan -0.45 -0.52 -0.54 nan -0.55 -0.38 -0.40 nan -0.43
Basic Shares Outstanding - 115.6M 114.9M 114.1M - 109.7M 105.0M 104.2M - 102.8M 102.8M 102.8M - 102.7M
Diluted Shares Outstanding - 115.6M 114.9M 122.8M - 109.7M 105.0M 104.2M - 102.8M 102.8M 102.8M - 102.7M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Cash & Cash Equivalents $57.35M $34.72M $33.63M $26.32M $27.79M $20.30M $33.10M $22.97M $29.37M $24.45M $42.52M $39.96M $36.49M $69.47M
Accounts Receivable $95.39M - - - $52.99M - - - $55.99M - - - $60.81M -
Other Current Assets $62.68M $25.25M $22.63M $30.01M $19.56M $47.27M $50.56M $46.32M $42.03M $37.34M $60.58M $58.82M $67.36M $77.77M
Total Current Assets $484.01M $442.83M $539.04M $318.70M $219.85M $247.07M $289.24M $164.53M $185.50M $179.96M $214.44M $239.05M $277.80M $352.54M
Property Plant & Equipment $4.58B $3.26B $3.23B $3.19B $1.65B $1.62B $1.61B $1.61B $1.63B $1.66B $1.69B $1.69B $1.67B $1.64B
Goodwill $365.70M $401.23M $401.23M $402.95M $275.37M $275.37M $275.37M $275.37M $275.37M $275.37M $260.25M $260.25M $260.25M $263.11M
Intangible Assets $43.17M $44.20M $45.22M $46.73M $46.23M $47.24M $48.84M $50.73M $52.62M $54.52M $56.41M $58.31M $60.20M $62.08M
Other Non-current Assets - $70.63M $67.08M $67.47M - $83.73M $65.31M $70.66M - $38.36M $44.53M $27.09M - $26.09M
Total Assets $5.75B $5.45B $4.41B $4.14B $2.37B $2.44B $2.45B $2.34B $2.38B $2.39B $2.44B $2.45B $2.48B $2.53B
Short-term Debt $65.44M $1.51B $82.75M $91.31M $48.59M - - $77.68M - - $24.04M - - -
Other Current Liabilities $20.36M $15.41M $18.80M $21.17M $18.60M $13.45M $18.83M $15.18M $12.62M $19.66M $28.46M $14.90M $16.49M $13.71M
Total Current Liabilities $410.00M $1.77B $362.76M $371.14M $250.79M $173.68M $137.62M $239.77M $150.64M $162.41M $182.06M $154.68M $159.58M $171.79M
Long-term Debt $3.77B $2.21B $3.00B $2.66B $1.59B $1.54B $1.55B $1.27B $1.34B $1.32B $1.28B $1.27B $1.23B $1.19B
Total Liabilities $4.80B $4.37B $3.63B $3.28B $1.92B $1.82B $1.81B $1.68B $1.64B $1.60B $1.61B $1.65B $1.69B $1.72B
Common Stock $1.16M $1.16M $1.15M $1.15M $1.14M $1.14M $1.02M $1.02M $1.01M $994.00K $994.00K $994.00K $994.00K $994.00K
Retained Earnings $-512.99M $-438.64M $-333.11M $-274.25M $-405.82M $-291.51M $-258.52M $-221.78M $-182.17M $-150.57M $-110.45M $-86.86M $-60.84M $-14.37M
Total Stockholders Equity $21.32M $181.06M $375.47M $476.20M $202.65M $370.77M $394.83M $402.55M $484.29M $533.87M $580.54M $559.84M $551.62M $573.59M
Total Liabilities & Equity $5.75B $5.45B $4.41B $4.14B $2.37B $2.44B $2.45B $2.34B $2.38B $2.39B $2.44B $2.45B $2.48B $2.53B
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Net Income $-97.72M $-104.54M $-69.96M $120.16M $-124.67M $-42.96M $-48.14M $-50.30M $-39.92M $-119.83M $-69.78M $-35.91M $-56.08M $-43.19M
Depreciation & Amortization $38.67M $34.81M $59.01M $25.01M $19.23M $19.49M $40.68M $20.52M $20.41M $60.58M $20.29M $20.14M $18.30M $52.45M
Change in Receivables $11.96M $-2.04M $2.99M $-91.00K $-1.88M $-253.00K $-3.25M $-1.91M $-8.39M $5.55M $-4.51M $10.82M $-17.17M $20.48M
Operating Cash Flow $-2.75M $-115.25M $-90.87M $-85.65M $-8.05M $-7.22M $-21.47M $-3.88M $7.73M $-2.21M $-16.93M $-12.14M $-5.00M $-37.69M
Capital Expenditure $65.88M $214.64M $148.32M $66.00M $26.21M $53.32M $27.42M $12.86M $20.31M $78.71M $65.70M $39.86M $44.91M $172.23M
Acquisitions $1.08B $-226.63M $-226.63M $-226.63M - - - - - $4.45M $4.45M - - -
Investing Cash Flow $-45.79M $-1.10B $78.36M $164.30M $-28.50M $-89.64M $-52.65M $-18.85M $-8.11M $-139.01M $-94.36M $-66.84M $-72.40M $-194.87M
Debt Repayment $17.00M $763.36M $126.10M - - $247.59M $242.00M - - $75.13M - - - -
Stock Issued - $2.69M - - - - - - - - - - - -
Dividends Paid $3.49M $10.34M $6.89M $3.44M $3.42M $9.71M $6.30M - $3.12M $9.25M $6.17M $3.08M $3.08M -
Financing Cash Flow $20.57M $1.42B $313.48M $-2.54M $39.22M $154.01M $173.11M $-454.00K $9.94M $69.51M $59.13M $37.78M $30.41M $127.34M
Net Change in Cash $-27.97M $206.62M $300.97M $76.11M $2.66M $57.15M $98.99M $-23.18M $9.55M $-71.72M $-52.16M $-41.21M $-46.99M $-105.22M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $140.56M $83.31M $359.00M $250.73M
Operating Expenses $120.00M $90.58M $352.31M $272.39M
Other Income/Expense $5.55M $6.54M $12.30M $15.87M
Income Before Tax $-99.46M $-43.05M $-89.81M $-139.41M
Income Tax Expense $5.08M $-92.00K $-35.48M $1.98M
Net Income $-104.54M $-42.96M $-54.33M $-141.39M
Basic EPS -1.38 -0.45 -1.17 -1.51
Diluted EPS -1.38 -0.45 -1.18 -1.51
Basic Shares Outstanding $115.56M $109.72M $114.85M $106.32M
Diluted Shares Outstanding $115.56M $109.72M $114.85M $106.32M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $34.72M $27.79M
Other Current Assets $25.25M $19.56M
Total Current Assets $442.83M $219.85M
Property Plant & Equipment $3.26B $1.65B
Goodwill $401.23M $275.37M
Intangible Assets $44.20M $46.23M
Other Non-current Assets $70.63M $61.55M
Total Assets $5.45B $2.37B
Short-term Debt $1.51B $48.59M
Other Current Liabilities $15.41M $18.60M
Total Current Liabilities $1.77B $250.79M
Long-term Debt $2.21B $1.54B
Total Liabilities $4.37B $1.92B
Common Stock $1.16M $1.14M
Retained Earnings $-438.64M $-405.82M
Total Stockholders Equity $181.06M $202.65M
Total Liabilities & Equity $5.45B $2.37B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-104.54M $-42.96M $-54.33M $-141.39M
Depreciation & Amortization $34.81M $19.49M $93.82M $60.18M
Change in Receivables - - $-2.04M $-253.00K
Operating Cash Flow - - $-115.25M $-7.22M
Capital Expenditure - - $214.64M $53.32M
Acquisitions - - $-226.63M -
Investing Cash Flow - - $-1.10B $-89.64M
Debt Repayment - - $763.36M $247.59M
Stock Issued - - $2.69M -
Dividends Paid - - $10.34M $9.71M
Financing Cash Flow - - $1.42B $154.01M
Net Change in Cash - - $206.62M $57.15M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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